Understanding Metrics for Communicating the Economic Importance of Florida’s Fisheries Part III: Measuring Economic Value

Andrew Ropicki, Edward V. Camp, Christa D. Court, and Robert Botta

Release Date: 3/31/2025

DOI: 10.32473/edis-fa267-2025

Agriculture

Abstract

Understanding the economic importance of fisheries and coastal resources is vitally important for making good management decisions that affect human communities, local businesses, and environmental and ecological sustainability. This final publication in a series of three follows Part I, an overview, and Part II, methods to quantify economic activity. Part III focuses on measures of economic value and discusses different ways to think about and estimate the economic values of Florida’s fisheries and aquatic resources.

About this Publication

This document is FA267, one of a series of the School of Forest, Fisheries, and Geomatics Sciences, Program in Fisheries and Aquatic Sciences and the Florida Sea Grant College Program. Original publication date January 2025. Visit the EDIS website at https://edis.ifas.ufl.edu for the currently supported version of this publication. © 2025 UF/IFAS. This publication is licensed under CC BY-NC-ND 4.0

About the Authors

Andrew Ropicki, assistant professor, Department of Food and Resource Economics and UF/IFAS Extension Sea Grant specialist; Edward V. Camp, assistant professor, School of Forest, Fisheries, and Geomatics Sciences Program in Fisheries and Aquatic Sciences; Christa D. Court, assistant professor, Department of Food and Resource Economics; and Robert Botta, postdoctoral research associate, Department of Food and Resource Economics; UF/IFAS Extension, Gainesville, Florida 32611.

Authors

Robert Botta

economist associate, National Marine Sanctuary Foundation, Silver Spring, MD, and former post-doctoral associate, UF/IFAS Department of Food and Resource Economics, Gainesville, FL

Andrew Ropicki

Contact

Specialist

University of Florida

assistant professor and Florida Sea Grant marine economics specialist, UF/IFAS Food and Resource Economics Department, Gainesville FL

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Edward Camp

Specialist

University of Florida

associate professor, fisheries and aquaculture governance, UF/IFAS School of Forest, Fisheries, and Geomatics Sciences, Program in Fisheries and Aquatic Sciences, Gainesville FL

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Christa Court

Specialist

University of Florida

director, Economic Impact Analysis Program and associate professor, UF/IFAS Department of Food and Resource Economics, Gainesville, FL

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Publication #FA267